CBDC

CBDC

‘Anonymity Vouchers’ Could Bring Limited Privacy to CBDCs: ECB Report

Europe's central bankers have developed an "anonymity voucher" to give prospective CBDC users limited privacy in their retail transactions.

Policy & regulation  ·  17 December 2019
CBDC

Libra Shows Central Banks’ Failure on Cross-Border Payments: Riksbank

A senior economist at Sweden's Riksbank says central banks need to "keep up" with cryptocurrency advancements like Libra and XRP.

Business  ·  17 October 2019
Regulation

UK Central Bank Chief Sees Digital Currency Displacing US Dollar as Global Reserve

BOE governor Mark Carney called on Friday for the creation of a wholly digital alternative to the U.S. dollar.

Policy & regulation  ·  23 August 2019
CBDC

China’s Digital Fiat Wants to Compete With Bitcoin – But It’s Not a Crypto

China may be about to launch a fiat digital currency, but in all likelihood, it will only resemble a cryptocurrency on the surface.

Markets  ·  16 August 2019
CBDC

Thai Central Bank Builds Blockchain Solution for Digital Currency Project

The Bank of Thailand has moved ahead with its digital currency project lnthanon by building a blockchain-based prototype solution to settle inter-bank payments.

Markets  ·  7 May 2019
CBDC

Korean Central Bank Study: Issuing Digital Currency Poses Financial Risk

A Bank of Korea study concluded that a central bank digital currency could adversely affect commercial banks and ultimately financial stability.

Policy & regulation  ·  7 February 2019
CBDC

IMF Chief Calls for Exploration of Digital Currencies

Christine Lagarde, head of the IMF, encouraged the exploration of central bank digital currencies in a speech on Wednesday.

Policy & regulation  ·  14 November 2018
CBDC

Most Central Banks Back Digital Currency If DLT Improved: IBM Survey

A new IBM survey finds most central banks polled back issuing a wholesale digital currency, but are still uncertain about blockchain's efficiency.

Policy & regulation  ·  26 October 2018
CBDC

Central Bank Crypto Could Bring Economic Gains: Bank of Canada Paper

Central bank-issued cryptocurrency could bring economic welfare gains for Canada and the U.S., according to a researcher from Canada's central bank. 

Policy & regulation  ·  27 July 2018
Regulation

US Congressman Calls for Ban on Crypto Buying and Mining

A U.S. congressman called for banning all U.S. residents from buying or mining cryptocurrencies during a hearing Wednesday.

Policy & regulation  ·  18 July 2018
Regulation

Lawmakers to Discuss If Crypto Is ‘The Future of Money’ Next Week

The U.S. House Financial Services Committee will host a crypto hearing focused on its use as a form of money next week.

Policy & regulation  ·  12 July 2018
Wallets

PBoC Filings Reveal Big Picture for Planned Digital Currency

The continuing efforts by China's central bank to build a fully-featured digital currency product are revealed in its many patent filings.

Policy & regulation  ·  26 June 2018
CBDC

2 APAC Nations Have Ruled Out Central Bank Digital Currencies

The central banks of both Australia and New Zealand have said they do not plan to create their own digital currencies – at least for now.

Policy & regulation  ·  26 June 2018
CBDC

The Fed Should ‘Get Serious’ About Crypto, Says Former FDIC Chair

Former chair of the FDIC, Sheila Bair, writes on the viability of CBDCs and their need for further investigation.

Markets  ·  11 June 2018
CBDC

R3 Researcher: Central Bank Blockchain Could Go Live In 2018

South Korea's first major blockchain conference saw discussion of the possibility of a central bank cryptocurrency Wednesday.

Business  ·  5 April 2018